Labour productivity is an economic indicator that compares the result achieved (newly created product) with input labour factor when carrying out an economic activity of an economic territory for a specified period. This indicator provides estimates of the growth rate of labor productivity. At national level, the result of productive activity is measured by Gross Domestic Product (GDP) and value added (VA) generated by all manufacturing sectors in the national economy. All evaluations are made in accordance with accepted practices on national accounts to allow for comparability of labor productivity across sectors. The labor productivity is a key indicator of the achieved level of economic development.

Classification system

Classification of Economic Activities (NACE.Rev2-2008)

Sector coverage

Total of economy

Statistical concepts and definitions

The main components of labor productivity are indicators measuring the result of performed the manufacturing activity (numerator) and indicators of labor input in the production process (the denominator).

At the national level, the result of the production activity is measured with Gross Domestic Product (GDP) and Gross Value Added (GVA) created by all the productive sectors of the national economy. GDP is a key indicator in the system of national economic accounts, which represents the final result of the production activity of all resident producer units (ESNS2010, 8.89). The relationship between GDP and GVA is determined by how quantification works finished product. GDP is valued at market prices, including taxes on products and imports net of subsidies on products. GVA measures the result of the production activity at basic prices before taxes, including subsidies on products and services. BDS is an indicator that is applicable to the calculation of labor productivity at the national level and at the level of production activities or regions.

The use of this indicator in the national practice is consistent with the specific methodological scope of the sector " Letting of own property " activity of CEA 2008 - in the composition of GVA includes assessing the imputed rent of dwellings rented by their owners , who for Bulgaria is dominant - almost 90 % of the population live in their own homes. Added value of imputed rent of owner-occupiers is classified entirely as operating surplus in the composition of the account "Generation of income" and is not directly connected with employment. For this reason, value added as a result of contingent rental housing is excluded in calculating the productivity of labor in the services sector and the economy as a whole.

Labor factor in production in the composition of the index of labor productivity is measured by the number of persons employed in resident production units of the national economy and spent their time - hours worked.

Measurement of the number of employees and hours worked by them is subject to the definitions and concepts (ESA2010 11.11, 12.11) , as these concepts and definitions apply in assessing the performance of the result of their economic activity .

REGULATION (EU) No 549/2013 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

Data sharing

Confidentiality

Confidentiality - policy

· Law on Statistics;

· Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society.

Confidentiality - data treatment

Release policy

Release calendar

Date of publication of statistical information is available in the Calendar for the results of statistical surveys of NSI. Statistics published: 9months after the reporting period.

Data is published on the NSI website in section Macroeconomic statistics - Gross Domestic Productin accordance with the Law on Statistics and the European Statistics Code of Practice respecting the professional independence and aimed at objectivity, transparency and equal treatment of all consumers.

Frequency of dissemination

Year

Accessibility and clarity

News release

Press Release

Publications

On-line database

Data are available to all users of the NSI website under the heading Macroeconomic statistics -Gross Domestic Product - Employed persons, hours worked and labour productivity - Annual data - Labour productivity - Total of economy: http://www.nsi.bg/en/node/5525

Micro-data access

Not applicable.

Other

Documentation on methodology

European System of National Accounts (2010) (Eurostat).

Quality documentation

Quality management

Quality assurance

· European Statistics Code of Practice;

· Common framework for quality management in the National Statistical System.

Quality assessment

Questionnaire on the implementation of the principles of the European Statistics Code of Practice.

Relevance

User needs

User satisfaction

Completeness

Accuracy and reliability

Overall accuracy

Sampling error

Non-sampling error

Timeliness and punctuality

Timeliness

· The annual estimates - the sum of estimates of quarterly data - T +65 days after the reporting period;

· Updated annual data - T +9 months after the reporting period;

· Final data - balance sheets "Resource-Use" - T +3 years.

Punctuality

Coherence and comparability

Comparability - geographical

Comparability - over time

Coherence - cross domain

Additional information on other indicators in national accounts is available in other subject areas related to national accounts.

Coherence - internal

Cost and burden

Data revision

Data revision - policy

In practice, the system of national accounts, there are two main types of revisions beyond the scope and content of the methods of seasonal adjustment. The first type of audits is ongoing, regular characterized by the presence of new or updated statistical information based on statistical surveys or administrative sources. The second type of revisions is related to a change in the methodology and calculation procedures for specific statistical indicators

Data revision - practice

In line with Eurostat to provide data on national accounts and the National Statistical Programme of Bulgaria, GDP data are developed in the following intervals:

Quarterly rates:- Flash estimates of GDP - T +42-43 days after the reporting period- Current quarterly estimates of GDP - T +65 days after the reporting period

The annual estimates - the sum of estimates of quarterly data - T +65 days after the reporting period